Reactions to Hungary plans 300 GWh battery production by 2030How populists invent untenable legends such as technological openness instead of dealing with the economic and physical facts.I am an unshakeable optimist. So I expected some people to reconsider their opinion when Hungary plans to produce 300 GWh of batteries by 2030. There are the preachers of technological openness. They still see e-fuels and hydrogen as competitors to electric vehicles. Somewhere in a sunny region, for example Namibia or Chile, hydrogen or e-fuels are produced and then brought to Europe. If batteries were as expensive today as they were in 2005 and remained as expensive, then that would also be a great idea. But batteries have become over 90% cheaper since 2005. How does Hungary intend to sell 300 GWh of battery production per year? Yes, that's right, it will become even cheaper. There are the experts in Hungary who are building up a battery industry that is about eight times larger than Hungary's self-sufficiency, and there are politicians and Chamber of Commerce officials here in Austria and Germany who still believe in e-fuels and hydrogen in road traffic.
After the First World War, people quickly came up with reasons why the invincible German soldier lost the war: The communist workers sabotaged weapons production! Unfortunately, such stupidity can still be found today: the far superior, highly innovative German car industry was the undisputed leader of the global market. But then the evil Greens came along with the ban on combustion engines from 2035. Only they are to blame for the decline of the German car industry. This opinion is mainly held by politicians from a party that was only founded in 2013. Do these politicians from the newly founded party not know how hostile the Greens were to electric mobility? When I interviewed a City-EL dealer in 2007, he told me how he had been insulted by the Greens as a nuclear car dealer. I wrote the article in 2009: Strange allies Mortal enemies in the past, allies today when it comes to the common interest of playing down the possibilities of electric mobility for climate protection. Shoulder to shoulder in the fight against the future. What strange alliances there are. The strangest is the eternally yesterday's fossil fuel and eternally yesterday's environmental ascetics. These two groups were once mortal enemies, but in the rapid transition to electric mobility they now have a common enemy to fight shoulder to shoulder. This very strange alliance was later revived during the protests against the construction of the Tesla factory in Grünheide. I wrote the article in 2010: So-called environmentalists are trying to slow down the electric car An alliance of 5 environmental movements issued a press release on April 29, 2010, with the aim of denigrating the electric car. Here is PEGE's response.
If you read the history up to 1990, one thing was clear: Kodak would be the leader in digital photography in the coming decades. But Kodak was terrified of ruining the market for chemical films. It was a similar story in the German automotive industry: in 1995, Dr. Franz Wilhelm Winterberg presented lithium batteries specially developed for electric cars to the German automotive industry groups. However, the German car industry was terrified that this would ruin the market for combustion engines. "Oil is cheap and eternal, the electric car will never come" was the cry of fear from the corporations.
In 2017, I finally wrote a documentary about the reasons for the decline of the German car industry: Angela Merkel and the car industry Let's take a look at the performance of the governments under Angela Merkel in a less emotional area than refugee policy: the automotive industry.
The Hungarian industrial policy or some populist politicians and shareholders who use nonsensical statements to promote populism? I asked Grok about this: by 2040, not even aviation will be able to be supplied with e-fuels. Let's take a look at electric mobility from the perspective of a GEMINI next generation homeowner. Unless he is a cab driver or a salesman who drives a lot, he can also fully charge his car with his own electricity in December. After deducting the handling fee, I prefer to calculate with only 8 cents net per kWh. 16 kWh/100 km means only €1.28 in lost sales revenue.
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I have on ImmobilienScout24.at searched for properties of 350 m² or more. There are 25 entries on each results page. I looked through the first 19 pages and found 55 suitable plots. The selection criteria were suitable for residential construction and under €200 per square meter. Some were plots of up to 6,500 m², which are already suitable for 10 houses. Only one was in the federal state of Salzburg, none in Tyrol or Vorarlberg. So almost only Upper Austria, Lower Austria, Burgenland, Styria and Carinthia. The apartments range in size from 56 m², suitable for a retired couple, to 118 m² for a large family. With 2 to 4 rooms there are 56 m² to 97 m². With 4 to 6 rooms there are 89 m² to 118 m². The houses themselves have between 33 kW and 55 kW of photovoltaics. If the prototype can be financed quickly now, it will be possible to compensate for the enormous delay caused by the monkey business with the rare lizards: Prototype at the end of 2025, series production from fall 2026. A simple calculation example: What is a share worth if a company value of 300 million is divided into 150,000 shares? Here is a first draft for the development of a 4800 m² plot in Thalheim: ![]() This design shows 8 double garages in the north-east with a large photovoltaic system above. 4 GEMINI 60, 2 GEMINI 70 and 2 GEMINI 84 houses. Preliminary estimate for the sales price with land is 300.000 € for a GEMINI 60 house. Here to the financing calculator, the subsidies for Lower Austria deducted from the price.
Net zero emissions means reducing greenhouse gas emissions to a level that nature can supposedly absorb for a long time. For the rich, this means Maintain poverty, cause poverty, so that enough emission rights remain for the rich. See the architect and her opinion that Africans don't need roads.
Planetary cleanup back to 350 ppm CO2 means about 47,000 TWh of electricity to filter 1 ppm CO2 from the atmosphere and recycle it into carbon and oxygen. Who can afford that? Only a rich human race, 10 billion people in prosperity can do it. One million km² of energy-optimized settlement areas alone should contribute 150,000 TWh for the necessary electricity for world-wide prosperity and planetary restoration.
It's not about whether the shares will be worth 100 times or 1000 times more in 20 years' time or whether they will only be worth a few cents. It's about the future of us all. Will there be a big showdown between eco-fascism and yesterday's fossils, or will it be possible to overcome the deep divisions in society and inspire supporters of both sides to work towards a great new goal? Global prosperity and planetary restoration instead of saving, restricting, renouncing and climate catastrophe or peak oil and a little more climate catastrophe. Both sides must be convinced that they have no solution that is even remotely viable. On the one hand, it must be shown that net-zero emissions are a completely inadequate target and that the goal must instead be a planetary clean-up back to 350 ppm CO2. The other side must be shown that solar power enables a higher standard of living than fossil energy. It's about survival! The social situation in 2025 compared to 2005, extrapolated to 2045, makes for a horror world! If we are successful and your shares are worth 100 times more, this is just an addition to all the other achievements. One new shareholder said "Me with my very modest investment", but €400 times €1,000 is also €400,000 for all investments up to the creation of the prototype. There is a reward program for recommending the share to others. Two of the new shareholders have become shareholders through this reward program. Here are the details.
The situation has changed fundamentally since this company visited Slovakia. Necessary investment volume reduced by around 90%. Time to marketable product shortened by around one year. The 90% reduction in investment volume also means that each shareholder has significantly more shares. The share price is now lifted towards our targets at each milestone. These milestones can happen in all areas: Financial, new shareholders, new opportunities to attract new shareholders. Contracts to build the prototype, more houses and settlements. Cooperations for realization. Purchase, arrival and testing of important technical components. |